Street
When four “finance boys” went viral last week for their Loro Piana- and Hermés-studded photo shoot, they violated more than the sacrosanct rule of not outdressing your boss. They brought Wall Street banks into the memeosphere, attracting publicity that has clashed with the hush-hush world of high finance.Demarre Johnson, a…
A few weeks ago, I, someone who generally abstains from beef but is committed to understanding the modern power lunch, spent about six hours surrounded by hundreds of pounds of raw steak.I arrived at Delmonico’s, a storied Wall Street steakhouse, at 7:10 am on a recent Wednesday, late by the…
In the world of high-stakes M&A, the Wall Street bankers who worked on the monster Warner Bros. Discovery deal seem to have inherited the Midas touch.On Thursday, a transaction that proved to be one of the most expensive corporate dramas in Hollywood history started to come to a close. The…
In the summer of 2024, I went to Edinburgh for the annual Fringe festival.I was expecting to find comedy, theater, and music … not a date with a random street musician, which turned into a weekend in Paris, which turned into … a 12-day Mediterranean cruise.After only 2 dates, I…
In his two decades as a Wall Street tailor, Michael Andrews learned to ignore clients who said they planned to get in shape. He only took them seriously when their weddings were approaching.Over the past two years, however, many of his regulars — investment bankers, private equity executives, and the…
Wall Street had very different reactions to two of Big Tech’s biggest spenders after quarterly earnings reports came out on Wednesday.Both Meta and Microsoft reported higher-than-expected capex. While both companies beat revenue expectations, Microsoft’s stock sank more than 6% after-hours, while Meta’s stock jumped as high as 9%.Big Tech’s spending…
